Market Integration and Structural Transformation in a Poor Rural Economy

By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-...

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Main Authors:	Soderbom, Mans, Rijkers, Bob
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ABSOLUTE ADVANTAGE ACCESS TO MARKETS AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE AVERAGE PRODUCTIVITY COMPARATIVE ADVANTAGE CONSTANT RETURNS TO SCALE CONSUMER SPENDING CONSUMPTION EXPENDITURE DIVERSIFICATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYMENT IN AGRICULTURE EMPLOYMENT OPPORTUNITIES FARM EMPLOYMENT FARM OUTPUT FARM PRODUCTION FARM PRODUCTS FARM SECTOR FOOD CONSUMPTION FOOD EXPENDITURE FOOD GOODS FOOD OUTPUT FOOD PRODUCT FOOD PRODUCTION FOOD PRODUCTS INCREASING RETURNS INCREASING RETURNS TO SCALE INDIFFERENCE CURVES INEQUALITY MACROECONOMICS MALNUTRITION NUTRITION NUTRITION LEVELS POLITICAL ECONOMY POOR POOR RURAL AREAS POVERTY REDUCTION PRODUCTIVITY RURAL RURAL ECONOMY RURAL TRANSFORMATION STRUCTURAL CHANGE STRUCTURAL TRANSFORMATION SUBSISTENCE TOTAL OUTPUT UNEMPLOYMENT UTILITY FUNCTION UTILITY FUNCTIONS UTILITY MAXIMIZATION
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090309075416 http://hdl.handle.net/10986/4052

id	okr-10986-4052
recordtype	oai_dc
spelling	okr-10986-40522021-04-23T14:02:14Z Market Integration and Structural Transformation in a Poor Rural Economy Soderbom, Mans Rijkers, Bob ABSOLUTE ADVANTAGE ACCESS TO MARKETS AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE AVERAGE PRODUCTIVITY COMPARATIVE ADVANTAGE CONSTANT RETURNS TO SCALE CONSUMER SPENDING CONSUMPTION EXPENDITURE DIVERSIFICATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYMENT IN AGRICULTURE EMPLOYMENT OPPORTUNITIES FARM EMPLOYMENT FARM OUTPUT FARM PRODUCTION FARM PRODUCTS FARM SECTOR FOOD CONSUMPTION FOOD EXPENDITURE FOOD GOODS FOOD OUTPUT FOOD PRODUCT FOOD PRODUCTION FOOD PRODUCTS INCREASING RETURNS INCREASING RETURNS TO SCALE INDIFFERENCE CURVES INEQUALITY MACROECONOMICS MALNUTRITION NUTRITION NUTRITION LEVELS POLITICAL ECONOMY POOR POOR RURAL AREAS POVERTY REDUCTION PRODUCTIVITY RURAL RURAL ECONOMY RURAL TRANSFORMATION STRUCTURAL CHANGE STRUCTURAL TRANSFORMATION SUBSISTENCE TOTAL OUTPUT UNEMPLOYMENT UTILITY FUNCTION UTILITY FUNCTIONS UTILITY MAXIMIZATION By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-farm sector will grow much faster than the agricultural sector when markets become integrated. Promoting market integration may thus be an effective way of encouraging diversification beyond agriculture and catalysing structural change in poor rural economies. 2012-03-19T19:09:07Z 2012-03-19T19:09:07Z 2009-03-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090309075416 http://hdl.handle.net/10986/4052 English Policy Research working paper ; no. WPS 4856 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ABSOLUTE ADVANTAGE ACCESS TO MARKETS AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE AVERAGE PRODUCTIVITY COMPARATIVE ADVANTAGE CONSTANT RETURNS TO SCALE CONSUMER SPENDING CONSUMPTION EXPENDITURE DIVERSIFICATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYMENT IN AGRICULTURE EMPLOYMENT OPPORTUNITIES FARM EMPLOYMENT FARM OUTPUT FARM PRODUCTION FARM PRODUCTS FARM SECTOR FOOD CONSUMPTION FOOD EXPENDITURE FOOD GOODS FOOD OUTPUT FOOD PRODUCT FOOD PRODUCTION FOOD PRODUCTS INCREASING RETURNS INCREASING RETURNS TO SCALE INDIFFERENCE CURVES INEQUALITY MACROECONOMICS MALNUTRITION NUTRITION NUTRITION LEVELS POLITICAL ECONOMY POOR POOR RURAL AREAS POVERTY REDUCTION PRODUCTIVITY RURAL RURAL ECONOMY RURAL TRANSFORMATION STRUCTURAL CHANGE STRUCTURAL TRANSFORMATION SUBSISTENCE TOTAL OUTPUT UNEMPLOYMENT UTILITY FUNCTION UTILITY FUNCTIONS UTILITY MAXIMIZATION
spellingShingle	ABSOLUTE ADVANTAGE ACCESS TO MARKETS AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE AVERAGE PRODUCTIVITY COMPARATIVE ADVANTAGE CONSTANT RETURNS TO SCALE CONSUMER SPENDING CONSUMPTION EXPENDITURE DIVERSIFICATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYMENT IN AGRICULTURE EMPLOYMENT OPPORTUNITIES FARM EMPLOYMENT FARM OUTPUT FARM PRODUCTION FARM PRODUCTS FARM SECTOR FOOD CONSUMPTION FOOD EXPENDITURE FOOD GOODS FOOD OUTPUT FOOD PRODUCT FOOD PRODUCTION FOOD PRODUCTS INCREASING RETURNS INCREASING RETURNS TO SCALE INDIFFERENCE CURVES INEQUALITY MACROECONOMICS MALNUTRITION NUTRITION NUTRITION LEVELS POLITICAL ECONOMY POOR POOR RURAL AREAS POVERTY REDUCTION PRODUCTIVITY RURAL RURAL ECONOMY RURAL TRANSFORMATION STRUCTURAL CHANGE STRUCTURAL TRANSFORMATION SUBSISTENCE TOTAL OUTPUT UNEMPLOYMENT UTILITY FUNCTION UTILITY FUNCTIONS UTILITY MAXIMIZATION Soderbom, Mans Rijkers, Bob Market Integration and Structural Transformation in a Poor Rural Economy
geographic_facet	The World Region The World Region
relation	Policy Research working paper ; no. WPS 4856
description	By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-farm sector will grow much faster than the agricultural sector when markets become integrated. Promoting market integration may thus be an effective way of encouraging diversification beyond agriculture and catalysing structural change in poor rural economies.
format	Publications & Research :: Policy Research Working Paper
author	Soderbom, Mans Rijkers, Bob
author_facet	Soderbom, Mans Rijkers, Bob
author_sort	Soderbom, Mans
title	Market Integration and Structural Transformation in a Poor Rural Economy
title_short	Market Integration and Structural Transformation in a Poor Rural Economy
title_full	Market Integration and Structural Transformation in a Poor Rural Economy
title_fullStr	Market Integration and Structural Transformation in a Poor Rural Economy
title_full_unstemmed	Market Integration and Structural Transformation in a Poor Rural Economy
title_sort	market integration and structural transformation in a poor rural economy
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090309075416 http://hdl.handle.net/10986/4052
_version_	1764389695338315776

Market Integration and Structural Transformation in a Poor Rural Economy

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